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Oct 4, 2012
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oil production in the united states is up 8%. we have all the natural gas. so this is going to be a huge job creator. a few weeks ago i was in germany and saw one of the ceos of the largest german factory. they're going to close a factory in one of their cities and opening a factory in charlotte. the reason why, our natural gas is now about $3.40 btu. in europe, it's over $11. in asia, it's over $18. because our natural gas prices are so much cheaper here, this factory is going to be built using the natural gas to build plastics. this ceo, this was a big multicap, large multinational german company who said there's going to be a renaissance in u.s. manufacturing because of our energy situation. >> well, this came up last night during the debate with mitt romney talking about one of the ways to create jobs is through energy in this country. >> it's happening. by the private sector right now in the natural gas area, it's happening. also in oil. so it's already happening. it's just going to start accelerating. now manufacturers are going to take the natural gas
oil production in the united states is up 8%. we have all the natural gas. so this is going to be a huge job creator. a few weeks ago i was in germany and saw one of the ceos of the largest german factory. they're going to close a factory in one of their cities and opening a factory in charlotte. the reason why, our natural gas is now about $3.40 btu. in europe, it's over $11. in asia, it's over $18. because our natural gas prices are so much cheaper here, this factory is going to be built...
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Aug 15, 2012
08/12
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states. does that factor into your outlook for stocks at all? you just said that you don't believe governor romney will be elected. does the eelection of president obama factor into your view? 2013 will be difficult? >> i think that when he -- the established power remains in power, the stock market actually moves up in the third and fourth quarter. the increase in stock prices may actually signal an obama victory and the stock market may quite like mr. obama consequence of the easy money is that spending and by the government. and the deficit would not be able to be where it is. far too large. >> we appreciate it. marc faber. got to go break. guess who called in? carl icahn, a legendary investor. >> welcome back. victory. at least that's what carl icahn is claiming. carl, it's always a pleasure to speak with you. thank you so much for joining us. >> a real pleasure speaking with you. >> you know, they got a few long term holders. you know, just go with it through thick and thin. basically mo
states. does that factor into your outlook for stocks at all? you just said that you don't believe governor romney will be elected. does the eelection of president obama factor into your view? 2013 will be difficult? >> i think that when he -- the established power remains in power, the stock market actually moves up in the third and fourth quarter. the increase in stock prices may actually signal an obama victory and the stock market may quite like mr. obama consequence of the easy money...
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Oct 16, 2012
10/12
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let's stop attacking our presidents when the united states is under attack. one shred of patriotism would be a nice thing to do. nonsense. >> look, what bothers me about that, is somehow we have a president who still does not acknowledge what happened. if hillary clinton acknowledges it. >> maybe he would like to find out by listening to the intelligence and maybe. >> so this is a big cover up? >> that is what people are asking. >> there is no leg to this story. >> and in my district in talking to people, they fully feel like this is a cover up. they feel like those employment numbers with 7.8% unemployment were kind of made up. larry, we have lost the life of a u.s. ambassador. we have lost the staff around the world who are trying to figure out and deserve to know what happened with this. we are five weeks out of this. we still do not have answers plenty of indicators were there. do you think this is going to hurt the president's re-election? >> yes, i do. >> i doubt it very much. i think in the district they weren't going to vote for him anyway. the person
let's stop attacking our presidents when the united states is under attack. one shred of patriotism would be a nice thing to do. nonsense. >> look, what bothers me about that, is somehow we have a president who still does not acknowledge what happened. if hillary clinton acknowledges it. >> maybe he would like to find out by listening to the intelligence and maybe. >> so this is a big cover up? >> that is what people are asking. >> there is no leg to this story....
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Aug 15, 2012
08/12
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. >> take us back to the united states, john. where are the sectors that you're seeing the interest in terms of spending on i.t. >> about 80% of our business is knew every 120 days. we're starting to see in the second half of the quarter very slight improvements in enterprise, in the commercial marketplace. we saw state and local government come back. we're seeing service provider continuing to do well. >> in terms of the u.s., we have so many issues that we're talking about whether it be the tis kal cliff, and certainly the unemployment story. what do you think it will take to shake up things in the u.s. in terms of getting growth moving again? >> i think it's simple. regardless of who is president, we have to see what they did in the united kingdom or canada. the governments had a very progrowth environment working with businesses saying what do we do to create jobs. getting consumer and business confidence up and that means predictability. we have to be a great business nation and we will add head count and go. that's kpablgtl
. >> take us back to the united states, john. where are the sectors that you're seeing the interest in terms of spending on i.t. >> about 80% of our business is knew every 120 days. we're starting to see in the second half of the quarter very slight improvements in enterprise, in the commercial marketplace. we saw state and local government come back. we're seeing service provider continuing to do well. >> in terms of the u.s., we have so many issues that we're talking about...
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Sep 23, 2012
09/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> is your money safe in a question that is top of mind for almost every investor out there today. can the agency charged with watching the markets keep up with faster and newer technology? do they have enough weapons to fight fraud? mary shapiro, chairman of the securities and exchange commission. she joins me now for a rare interview. mrs. chairman, it's great to have you on the program. thanks for joinin
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up....
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Apr 24, 2012
04/12
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states than are entering the united states. and a lot of this is the lousy economy, in fact, job creation is probably better in mexico right now than the united states, including those walmart stores being attacked, and also border protections and other laws are working. so are we getting closer now? the immigrants are going the other way. >> when the economy picks up, we will need low skilled immigrants again. nobody is building any houses now, people are not eating out, not staying in hotels, when the economy picks up we will continue to news low-skill immigrants and the problem will be that mexico's demographics, people are having fewer babies, and the middle class is growing and the economy is good, we will be worried about where the next immigrants will come from. >> again if i may, i want to say this is really about the most port power of state solvereignt. are they allowed in the tenth amendment to pass laws. it's great to have policy changes and that the economy is well enough for some of these immigrants to leave, but
states than are entering the united states. and a lot of this is the lousy economy, in fact, job creation is probably better in mexico right now than the united states, including those walmart stores being attacked, and also border protections and other laws are working. so are we getting closer now? the immigrants are going the other way. >> when the economy picks up, we will need low skilled immigrants again. nobody is building any houses now, people are not eating out, not staying in...
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Jul 23, 2012
07/12
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. >> lack what's been going on in the united states. i know stu, have you written about this before. look today with eaton. u.s. business and the america's business doing very well important them. eaton and big electrical business. elsewhere, their businesses were down. overall the revenues were flat. the stock is way up today. even though it wasn't a great earnings report because the -- prices have come down. $50 to $35 of the stock. up today. >> okay. guys, we have to leave it there. great debate. thank you so much. >> thank you. bye-bye. >> all right. despite the sell-off, there are some stocks bucking the trend. >> hi there. certainly what investors are trying to find, pockets of strength in the down market. strong report earnings reports are helping the following outperformers in today's market. take a look at burton. second-quarter earnings. beat on top and bottom line. that's why the stock is up. toy maker hasbro, while poorly profit fell 25%, topped wall street expectations as it continues to workmanaging inventori inventories.
. >> lack what's been going on in the united states. i know stu, have you written about this before. look today with eaton. u.s. business and the america's business doing very well important them. eaton and big electrical business. elsewhere, their businesses were down. overall the revenues were flat. the stock is way up today. even though it wasn't a great earnings report because the -- prices have come down. $50 to $35 of the stock. up today. >> okay. guys, we have to leave it...
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May 8, 2012
05/12
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it's having a very big impact on the united states. we've got record low interest rates, yet employers are scared. they are afraid to move forward. i used to be a small employer. if i saw conditions like this, i would be hoarding cash and sitting on my hands and that's exactly what business people here in the united states are doing. we need to reduce the uncertainty. how do you do that? deal with the tax code, deal with the debt, and stop the regulatory onslaut coming out of the administration. >> can you explain to the american people what the gop would do, what's number one on the agenda if, in fact, you get the white house in the end of the year? >> i think dealing with the debt, dealing with our tax code are the two really big issues. the president and i, when we had disagreements last summer, would say, well, john, that's what elections are for. and i would look at the president and i would say, yes, mr. president, that's what elections are for. we've got big decisions that are going to be made in november and the american people
it's having a very big impact on the united states. we've got record low interest rates, yet employers are scared. they are afraid to move forward. i used to be a small employer. if i saw conditions like this, i would be hoarding cash and sitting on my hands and that's exactly what business people here in the united states are doing. we need to reduce the uncertainty. how do you do that? deal with the tax code, deal with the debt, and stop the regulatory onslaut coming out of the...
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Nov 14, 2012
11/12
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>> well, i mean, the united states still remains the top innovation nation. it's the mindset that you're allowed to fail and start again and try again. silicon valley i run an organization where we're incubating about a dozen new companies every year in synthetic biology, in artificial intelligence, robotics. these are the technologies that are going to be as powerful this decade as the web and mobile were in the last couple of decades. it's really allowing small teams to do what only governments and large corporations could do before. it's one of the morse excist ex times to be alive. it's transforming our economy in a positive fashion. >> you bring up government at a time where there's a lot of debate over the government's role in pushing technology in ways that some argue the private sector can't. we had elon musk here yesterday, who is to a large degree, benefitted from subsidiesubsidi. is there a place for those or should this be left to the private sector, guys like you to help encourage that along? >> it is really a partnership. i'm chairman of the x-p
>> well, i mean, the united states still remains the top innovation nation. it's the mindset that you're allowed to fail and start again and try again. silicon valley i run an organization where we're incubating about a dozen new companies every year in synthetic biology, in artificial intelligence, robotics. these are the technologies that are going to be as powerful this decade as the web and mobile were in the last couple of decades. it's really allowing small teams to do what only...
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Oct 23, 2012
10/12
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especially with a slowdown here in the united states again. joining us now is the chairman and ceo lou frankfurt. is it your category? is it the geographic region you serve? why are your numbers so much better than others that are turning in disappointing revenue right now? >> we're speaking about china now? >> china and u.s. >> with regard to china, we're a position that's an accessible luxury brand, which means our price points are 40 to 60% lower than the average european brand. we are much more in reach for the emerging middle class. consumers tell us that 90% who own coach products express a positive intention to repurchase. so we're finding acceptance everywhere, not just in our primary china cities but in tier two and tier three cities as well. >> you've expanded so much around the world, particularly in china. what's your plan now? given the backdrop of the economy. we know things are slow, even if it's not hitting your category. how do you resize the business, if you have to, for 2013 and beyond? >> well, first, fortunately, we're in
especially with a slowdown here in the united states again. joining us now is the chairman and ceo lou frankfurt. is it your category? is it the geographic region you serve? why are your numbers so much better than others that are turning in disappointing revenue right now? >> we're speaking about china now? >> china and u.s. >> with regard to china, we're a position that's an accessible luxury brand, which means our price points are 40 to 60% lower than the average european...
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Apr 25, 2012
04/12
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for the first time ever, the united states credit rating was downgraded. in 2007, the president said it was unpatriotic to add 4.6 trillion of debt, you have added more in three years under president obama. if it was unpatriotic then over an eight-year period and you have done more of the in three, that's awe problem. >> i'm glad, sean, you don't have any -- >> you have 700,000 people out of work. >> one at a time. go ahead. brad, can i ask you this? another slamdown line last night. because he has failed, he will run a campaign of diversions, distractions, and distortions. that kind of campaign may have worked in another place at a different time, but not here and now. now, your man doesn't have his own policies. all he does is slam. he slams paul ryan, mitt romney, splamz the supreme court. you know what i'm getting at. a very negative campaign. i don't think that's going to work. and romney challenged him on that very effectively. >> it's working so far. president up 49-45 over romney, up in the battleground states. i don't know what you're saying won't
for the first time ever, the united states credit rating was downgraded. in 2007, the president said it was unpatriotic to add 4.6 trillion of debt, you have added more in three years under president obama. if it was unpatriotic then over an eight-year period and you have done more of the in three, that's awe problem. >> i'm glad, sean, you don't have any -- >> you have 700,000 people out of work. >> one at a time. go ahead. brad, can i ask you this? another slamdown line last...
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Nov 7, 2012
11/12
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we're going to have to come together as a united states. we're going to have to bring, you know -- the administration's going to have to reach out to the business community in a more meaningful way. reach across the aisle to the business council, the round table, the chamber, the g-100, the ceo magazine. you're very familiar with all of those. i think we have to pull them in on job creation. we need a cabinet -- i always like to use the expression, we need people bigger than the job. that's the only way we're going to get the kind of growth and the kind of initiatives that are critical for our future in this country. >> so should private equity sort of hunker down now, expecting taxes to go up? >> i don't think so. >> no? >> i would speak for myself on my new company. i'm seeing a lot of opportunities out there. i'm seeing privately held family companies that want to monetize. they're concerned now about, you know, putting some money in their pocket. i see distressed companies. i see large companies, you know, that are in play today from 50
we're going to have to come together as a united states. we're going to have to bring, you know -- the administration's going to have to reach out to the business community in a more meaningful way. reach across the aisle to the business council, the round table, the chamber, the g-100, the ceo magazine. you're very familiar with all of those. i think we have to pull them in on job creation. we need a cabinet -- i always like to use the expression, we need people bigger than the job. that's the...
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Oct 15, 2012
10/12
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. >> is the united states becoming an entitlement nation? from social security to medicaid, government transfer payments over the past 40 years are escalating. my next guest says he's worried about the economic, financial consequences and moral results of this? the author of the new book out today called "a nation of takers," america's entitlement epidemic. nick, thank you for coming on. great for writing the book. i want to ask you, as you look at this story, what is the worst consequence of entitlement nation in your judgment? >> the explosion of entitlements hasn't just turned our federal government into an entitlement machine, it has, it's turned our society into a place where people see entitlements as part of their main source of income. it's had an effect of adding a sort of something for nothing mentality to our politics, which i think is immensely corrosive. >> i looked at just some of the numbers, roughly 2 trilli$2 tri transfer payments in the 2010 budget. the budget itself is 3.4,kron 2 3.4,trillion. 2 out of every 3 dollars. wha
. >> is the united states becoming an entitlement nation? from social security to medicaid, government transfer payments over the past 40 years are escalating. my next guest says he's worried about the economic, financial consequences and moral results of this? the author of the new book out today called "a nation of takers," america's entitlement epidemic. nick, thank you for coming on. great for writing the book. i want to ask you, as you look at this story, what is the worst...
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Oct 1, 2012
10/12
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and by the way, just minutes ago, north korea accused the united states of plotting to attack it as a steppingstone to dominate asia and has used the word nuclear war. well, how does president obama plan on handling these nut jobs? let me tell you that wednesday's debate, romney is going to broaden his message to include foreign policy. >>> plus we have a surprise increase in the ism manufacturing report. >>> plus again bernanke defends his debt plan. he's enabling the obama treasury to sell trillions of dollars in deficits. >>> hundreds of mexicans are involved in the fast and furious. this is a terrible story, hundreds of mexicans may be involved. should attorney general holder be fired immediately over this new information? >>> the ism signals no recession, that's good. but is the obama-bernanke qe stimulus plan going to bail out the president in this election and what about down the road, does it give us a huge inflationary bubble? lee munson, he's chief investment officer of a port folio. you have got the feds blowing smoke and water and money at the stock market. we did have a g
and by the way, just minutes ago, north korea accused the united states of plotting to attack it as a steppingstone to dominate asia and has used the word nuclear war. well, how does president obama plan on handling these nut jobs? let me tell you that wednesday's debate, romney is going to broaden his message to include foreign policy. >>> plus we have a surprise increase in the ism manufacturing report. >>> plus again bernanke defends his debt plan. he's enabling the obama...
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Mar 22, 2012
03/12
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we know there's been a renaissance not only in canada but in the united states just recently, in fact. since 1973 until 2008, our production moved down from 9.6 million barrels a day to about 5 million barrels a day. and we've already increased that in the last three years up to nearly 6 million barrels a day. that's just the beginning. our country alone grew last year by 64% and just starting in the main portion of our fields, which will be in kansas and oklahoma. >> so, then, tom explain -- you do mention these are the refineries near the shipping channels. explain why this pipeline should help lower the price of oil and gas in the united states and we're not just a middle man for what ed markey called dirty canadian oil. >> well, it's -- actually, i think of canadian oil as fantastic because it's produced in north america. and what it allows us to do is to produce north american oil and not be importing it from overseas. so even if it didn't change the price of gasoline at the pump, that's more of a supply and demand issue. what it does is allow us as americans and canadians and to
we know there's been a renaissance not only in canada but in the united states just recently, in fact. since 1973 until 2008, our production moved down from 9.6 million barrels a day to about 5 million barrels a day. and we've already increased that in the last three years up to nearly 6 million barrels a day. that's just the beginning. our country alone grew last year by 64% and just starting in the main portion of our fields, which will be in kansas and oklahoma. >> so, then, tom...
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Feb 8, 2012
02/12
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one in three children in the united states are obese, according to studies. cigna, just the latest insurer to join the child obesity 180 which has launched a competition to get kids physically active. the company staying active on the business side, just closing at $3.8 billion acquisition of health spring, which expands the reach among seniors and medicare. joining me to talk all about that is david cordani, the ceo and president of cigna. good to have you on the program. >> good to be here. >> from an insurance standpoint, why is this focus on obesity so important to you? >> we've seen ourselves as a global health service company, we focus on programs clearly to insure when sickness happens. but increasingly our programs in services around lowering health risks. one of the greatest health risks in the u.s. and around the world is really tied to obesity. because of the correlation to diabetes, coronary disease, et cetera. it's very important to us as we help our clients and our customers maintain their health or regain their health. >> this is a really impor
one in three children in the united states are obese, according to studies. cigna, just the latest insurer to join the child obesity 180 which has launched a competition to get kids physically active. the company staying active on the business side, just closing at $3.8 billion acquisition of health spring, which expands the reach among seniors and medicare. joining me to talk all about that is david cordani, the ceo and president of cigna. good to have you on the program. >> good to be...
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Oct 4, 2012
10/12
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which means that out of all the households in the united states you had almost 2/3 watching the d debate last night. you're going to see a surge in early voting for the republicans dissatisfied with the job that he's doing are going to go in now and vote early. >> jen rubin, having had this near record watching the debate, doesn't that really take the mainstream media out of play? doesn't that kind of cut them off at the knees, reduces their influence? they can rant and rave, the major once at msnbc and my friend chris matthews. so many poo have watched it now what's the difference now? it's wide open. >> i think two examples of that, larry. they heard directly from the horses mouths last night what romney's actual tax plan is. not the tax plan that the mainstream media has been describing, not the 5 trillion cuts for the rich. no, his actual plan. obama was so upset he insisted that it was the pretend plan, not the real plan. but the voters get to hear that directly from them. like-wise on the debt reductions, they could hear that barack obama's debt reduction plan is smoke and mirrors.
which means that out of all the households in the united states you had almost 2/3 watching the d debate last night. you're going to see a surge in early voting for the republicans dissatisfied with the job that he's doing are going to go in now and vote early. >> jen rubin, having had this near record watching the debate, doesn't that really take the mainstream media out of play? doesn't that kind of cut them off at the knees, reduces their influence? they can rant and rave, the major...
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Apr 27, 2012
04/12
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check it out. >> obama, obama, obama. >> oh, yeah. >> president of the united states. >> i! so in love with you. >> oh, yeah. >> nice. >> he is a jack ass. he's a jack ass. >> obama, obama. >> obama, obama, obama, obama! >> oh, yeah. >> watching that ad for about the fifth time, i swear that ad is a democratic ad, that's not a republican ad, that's boosting obama. i got just about the smartest political thinker of our political generation coming on, former national committee chairman, former mississippi governor, haley barbour. he raised money for a super pac that produced that ad. haley, that's a terrible ad. obama celebrity? there's no substance, no growth stall, no taxes, obama care, how could this happen ? >> as you know, that's not been run on television, but on youtube, but it makes an important point. the american people want a president who's serious about solving the problems of the country, not about being cool or being a celebrity or trying to do things that they're pleasing to the public in entertainment. they want somebody that's serious about the problems that
check it out. >> obama, obama, obama. >> oh, yeah. >> president of the united states. >> i! so in love with you. >> oh, yeah. >> nice. >> he is a jack ass. he's a jack ass. >> obama, obama. >> obama, obama, obama, obama! >> oh, yeah. >> watching that ad for about the fifth time, i swear that ad is a democratic ad, that's not a republican ad, that's boosting obama. i got just about the smartest political thinker of our political...
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Oct 24, 2012
10/12
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my whole argument is the rest of the world is much sicker than want united states. the more exposure you have to the rest of the world, the more likely it is you're going to run into trouble. look at the companies having trouble. they're all having trouble because they're overseas operations. the profit cycle is already starting to turn up. >> do you worry this market has been trading so much on central bank easing and when we actually do look at the focus on fundamentals it trades down? that, in fact, the broad, you know, backdrop is actually quite anemic? >> let's face it, the central banks are, in fact, the only game in town, so markets are going to pay attention to that. to richard's point, when you look at guidance out there, close to 90% of the companies offering guidance, it's negative guidance. in fact, that's setting us up for potential surprises on the upside. if so many companies are telling you that the guidance is really bad, that bar is being set very low. even a small positive surprise can be positive for the market. >> just a wild guess, i'm guessing
my whole argument is the rest of the world is much sicker than want united states. the more exposure you have to the rest of the world, the more likely it is you're going to run into trouble. look at the companies having trouble. they're all having trouble because they're overseas operations. the profit cycle is already starting to turn up. >> do you worry this market has been trading so much on central bank easing and when we actually do look at the focus on fundamentals it trades down?...
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Nov 14, 2012
11/12
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it looks like the united states is getting back in the oil business. who should i be looking at? >> if you want to know who is the best finder of oil, eagle ford and bakken, those are the two finds for eog. let's go to jordan in pennsylvania. >> hey jim, big booyah from pittsburgh, pennsylvania. >> i'll tell you, that tastes like iron city beer. it tastes like coming home. >> i got weight watcher's. how do you feel about their recent change in management? >> i don't want to be greedy. i think you are greedy if you hang on to wtw. you know what, let's go to wayne in virginia. >> love your show. would like your take on moly corp. >> accounting irregularities equal sell. i understand from the papers that there are issues there involving an sec investigation. you close your eyes and you sell because there is not much to it. we have good things holding us up. understand this, we will not tolerate those who wish to crush your nest egg. we will not let people sink below. let's just say there is a special annex that i'm adding to the wall of shame. you will lose the election. "mad money"
it looks like the united states is getting back in the oil business. who should i be looking at? >> if you want to know who is the best finder of oil, eagle ford and bakken, those are the two finds for eog. let's go to jordan in pennsylvania. >> hey jim, big booyah from pittsburgh, pennsylvania. >> i'll tell you, that tastes like iron city beer. it tastes like coming home. >> i got weight watcher's. how do you feel about their recent change in management? >> i...
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Oct 18, 2012
10/12
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>> they're very cockey, they believe they can push the united states around tell the region that iran is the power, not the u.s. >> what gives them the confidence that they can push the u.s. around. where do they get that notion? >> the president of the united states since 2009 has pushed aside all of our relationships in the region, iraq, afghanistan, israel, in order to get a -- with iran, iran knows that the president is dependent on that deal if it's happening in order to very much make himself a success as president. whether he wins or not. whether he wins or not, he's looking for a peace deal. >> let's come back to the states, peter king on this show last night said that ahmadinejad has never been stronger domestically here as well as overseas. do you think we're going to get bombings and cyber attacks, as you know, 9/11, hitting the world trade center was in fact hitting a target of the financial -- >> al qaeda follows up it victories. >> and so this kid who tried to bomb the federal reserve bank, you think there's more of that come ing. >>> they're called lone wolf operations,
>> they're very cockey, they believe they can push the united states around tell the region that iran is the power, not the u.s. >> what gives them the confidence that they can push the u.s. around. where do they get that notion? >> the president of the united states since 2009 has pushed aside all of our relationships in the region, iraq, afghanistan, israel, in order to get a -- with iran, iran knows that the president is dependent on that deal if it's happening in order to...
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Oct 17, 2012
10/12
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the slowdown in september in the united states is troubling for ibm. i agree with pete. because of the amount of capital this they can allocate giving back to shareholders, i like ibm here around 195, # 0200. >> josh brown, what do you think of technology today? >> the tech sector is awful. people think it's this huge leadership group. it's apple and a small handful of names. the sector is terrible. look at the big bellwether stocks. none of them have enough to say, and some are down right atrocious like hewlett-packard. going into the earnings season, they were leading the league in negative preannouncements of the whole s&p. i really don't love the group. one area i will mention apropos to this discussion is qualcomm because qualcomm is winning everything that intel is losing. when you talk about tablets versus pcs, they can't both win. it's one taking share from the other. and qualcomm snap dragon chip set really dominates here. it's like the new intel almost. and i like it much better than bottom fishing in intc. dividend decide. >> grasso, as you watch the tape toda
the slowdown in september in the united states is troubling for ibm. i agree with pete. because of the amount of capital this they can allocate giving back to shareholders, i like ibm here around 195, # 0200. >> josh brown, what do you think of technology today? >> the tech sector is awful. people think it's this huge leadership group. it's apple and a small handful of names. the sector is terrible. look at the big bellwether stocks. none of them have enough to say, and some are...
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Aug 15, 2012
08/12
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weakness seating here in the united states and abroad. shares are hitting a nine-year low and other office supply chain retailers also under pressure as you see right there on your screen, bill. >> all right, thank you. maria is going to talk to john chambers tonight after the bell. this is a stock that fell 10% after the last earnings report, so some thing is could be better. we have mark newton on the technical side. joan joan in a what are you countied tonight? >> we think cisco is making very positive strides. >> mark, the chart, i took a peak, it's about the mid-point of it's range so far for the year, which way do you think it breaks? >> i'm not too font of cisco. it's been down since 2001. the shot going back to 2001, you see this longer term range bount p -- bound pattern. you see a pattern of deracing low lower highs. you need some structural improvement. the daily chart has a different picture too. it started to show a few signs of stabilization. we saw a big deline here. so the minor stabilization is somewhat positive. so techn
weakness seating here in the united states and abroad. shares are hitting a nine-year low and other office supply chain retailers also under pressure as you see right there on your screen, bill. >> all right, thank you. maria is going to talk to john chambers tonight after the bell. this is a stock that fell 10% after the last earnings report, so some thing is could be better. we have mark newton on the technical side. joan joan in a what are you countied tonight? >> we think cisco...
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Oct 10, 2012
10/12
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earnings season kicked off here in the united states late yesterday with alcoa. bit after disappointment there in terms of its warning about li aluminum consumption even though it did beat the street. >>> california gas prices remain at record highs with some areas still paying more than $5 a gallon. how much longer can californians endure these painful pump prices and what damage is it taking on the state's struggling economy? both sides of this story are covered for you. what the government is doing exend it the the gas fight to how small businesses are feeling the pinch. joined by john chung, state controller for california. thank you, john. we also have -- let's start with john. then we'll get to madelyn. john, how bad of an impact is this having on the state of california? >> well, it has a huge psychological impact on the california consumer. there's the concerns not only about the gas prices but what is going to happen in the immediate future, how does it impact jobs, what does it do to farm production, what does it do to manufacturing production, what doe
earnings season kicked off here in the united states late yesterday with alcoa. bit after disappointment there in terms of its warning about li aluminum consumption even though it did beat the street. >>> california gas prices remain at record highs with some areas still paying more than $5 a gallon. how much longer can californians endure these painful pump prices and what damage is it taking on the state's struggling economy? both sides of this story are covered for you. what the...
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Oct 17, 2012
10/12
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states, his current mission fix the american debt crisis, plus we have representatives ron paul and barney frank. both with strong opinions about our financial system and this election. >> soon the audience will be in place at hofstra. john harwood is there. john, a lot of pressure on the president tonight. i know you know a thing or two about the president and town halls and he'll be talking later on about some of the dangers that are present tonight. >> exactly, carl. you know, it's extraordinary how well mitt romney did two weeks ago in denver and the bump that he got in the polls from that performance, but it's not unusual for challengers to best the incumbent in the first presidential debate. it happened with walter mondale in 1984. what we saw in the second debate was president reagan came back, people chattering about whether he was too old to be president and turned to walter mondale and said i won't hold your youth and inexperience against you. walter laughed and the nation breathed a sigh of relief and ronald reagan in good shape. in the second debate in 2000, george w. bu
states, his current mission fix the american debt crisis, plus we have representatives ron paul and barney frank. both with strong opinions about our financial system and this election. >> soon the audience will be in place at hofstra. john harwood is there. john, a lot of pressure on the president tonight. i know you know a thing or two about the president and town halls and he'll be talking later on about some of the dangers that are present tonight. >> exactly, carl. you know,...
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Oct 3, 2012
10/12
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do they blame the united states and european union because of the sanctions or do they blame -- >> i think they're smarter than that now. that might have worked 30 years ago. you look at the people -- you get a sense, from the little we know, that they want better ties with west but this ruling party at the top, ahmadinejad, and the theocratic rulers. >> i agree generally speaking, i think there's sympathy on the ground in iran for the west but at the same time, they're proud of their nuclear program as well. >> well thank you for filling us in on that, michelle. >>> let's get a market flash on a big technology name. >> we've been track being the sell-off in shares of hewlett-packard. take a look at a couple tech names moving with it. shares of dell hitting a 3 1/2-year low. of course the management team at hewlett-packard talking about the weakness in europe as well as across its entire consumer business. dell dealing with similar concerns. shares down 4% but down about 60% over the of past five years. >>> t minus seven hours until the first of three presidential debates. a lot of m
do they blame the united states and european union because of the sanctions or do they blame -- >> i think they're smarter than that now. that might have worked 30 years ago. you look at the people -- you get a sense, from the little we know, that they want better ties with west but this ruling party at the top, ahmadinejad, and the theocratic rulers. >> i agree generally speaking, i think there's sympathy on the ground in iran for the west but at the same time, they're proud of...
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Nov 5, 2012
11/12
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i think people around the country expect the president of the united states to do the job that he was elected to do. i think that yahoo! poll that we saw a few moments ago with 39% of the polls indicate it won't have a difference on this race. this race is about jobs, this race is about the economy. this race is about the fact that we're still at 7.9% unemployment. we still have 35 million people who are unemployed or underemployed in this country and the country in the sense that we have here is that things just aren't guesting better. so a two-day flyover by the president i don't think is really going to give him a big boost in the polls. >> marc, where are the trouble spots right now that the president needs to focus on in your opinion and win over any of those last-minute undecided voters. >> i'm certainly concerned about voir voter intimidation, of bullying that might take place in some states that may frustrate people's right to vote. i think the focus on turnout in key states is crucial. ohio, florida, virginia, north carolina, certainly just to name a few. i think the concern
i think people around the country expect the president of the united states to do the job that he was elected to do. i think that yahoo! poll that we saw a few moments ago with 39% of the polls indicate it won't have a difference on this race. this race is about jobs, this race is about the economy. this race is about the fact that we're still at 7.9% unemployment. we still have 35 million people who are unemployed or underemployed in this country and the country in the sense that we have here...
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Oct 15, 2012
10/12
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i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back. microsoft has not had the best track record when it comes to music, that's for sure. the company is now doubling down on the biggest music venture yet. julia with the story. >> reporter: we remember the zune disaster but now microsoft is launching four different music services under the umbrella of xbox music, tying them to its successful and popular video game console brand, as it builds an entertainment ecosystem to take on apple. xbox's global catalog of 30 million songs w
i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech...
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Nov 10, 2012
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. >> i have been a united states marine for ten years. as a military officer you have got make decisions in imperfect information environments but it certainly prepares you for trying to put together a business. >> when starting a business in a small economy, it's important to be as lean as possible because every dollar is needed. we recouped our initial equity in 30 days of sales. now in the past 12 months we have grown 1,000 percent. >> to the westpoint cadets who are watching today and the young men and women, the training you will receive in the united states military will prepare you for any number of challenges that will come your way in life. draw such energy from the young kids who are learning and have a desire to serve. it just reminds you that the fabric of america is still very strong both in our military and our business life. the american dream is very real and we will pursue it. >> and now it is time for the lightning round. when you play to this sound and then the lightning round is over are you ready ski daddy? time for t
. >> i have been a united states marine for ten years. as a military officer you have got make decisions in imperfect information environments but it certainly prepares you for trying to put together a business. >> when starting a business in a small economy, it's important to be as lean as possible because every dollar is needed. we recouped our initial equity in 30 days of sales. now in the past 12 months we have grown 1,000 percent. >> to the westpoint cadets who are...
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May 13, 2012
05/12
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it's having a very big impact upon the united states. we've got a record low interest rates, yet employers are scared. they're afraid to move forward. >> so can you explain to the american people what the gop would do -- what's number one on the agenda if in fact you get the white house in -- at the end of this year? >> i think dealing with the debt, dealing with our tax code, the two really big issues. the president and i will -- when we had disagreements last summer, woe say well, john, that's what elections are for. >> so does this election rest on the independent? does this election rest on women? what do you think? how do you think -- >> when you look at all the data, i think that the fact that romney is basically tied with the president at this point after being kicked around by his opponents for a year, think it is pretty remarkable. secondly, you have to remember that 90% of the undecideds will go with the challenger. but you look at this through another lens. you got 47% of the american people are going to vote for mr. romney. y
it's having a very big impact upon the united states. we've got a record low interest rates, yet employers are scared. they're afraid to move forward. >> so can you explain to the american people what the gop would do -- what's number one on the agenda if in fact you get the white house in -- at the end of this year? >> i think dealing with the debt, dealing with our tax code, the two really big issues. the president and i will -- when we had disagreements last summer, woe say well,...
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Nov 8, 2012
11/12
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probably two thirds of employees already in the united states. even though about 95% of our revenues come offshore so we're very focused on growing in the united states. we think that we have great talent here. but of course, we are not a team with big factories. we are called chip designers and somebody builds them for us. we hope to see growth in the united states. i mean -- >> all right. we were going the lose that shot at 9:50 eastern time. >> the edge on that one. >> you want to use every single second. >> someone like paul jacobs. >> people. at home should know we knew this was coming and didn't want to let you down. bet tore hear from him than from us. this is the most important guy trying to save the market today. >> right. >> and so we did go over and that's what happens. >> you asked the question that's on our minds and you have a lot of cash. generate a lot of cash and the fourth quarter generated 1.25 billion dlar. $26 billion of cash in the sheet and $10 billion here in the united states and what do you do with that money? they have
probably two thirds of employees already in the united states. even though about 95% of our revenues come offshore so we're very focused on growing in the united states. we think that we have great talent here. but of course, we are not a team with big factories. we are called chip designers and somebody builds them for us. we hope to see growth in the united states. i mean -- >> all right. we were going the lose that shot at 9:50 eastern time. >> the edge on that one. >> you...
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Dec 19, 2012
12/12
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as of april, 2012, the united states treasury department was still trying to collect the debt. [ticking] coming up, lining up for a lifeline. >> how long you been out here tonight? >> we got up at 3:00 this morning, and we got here about 4:00. we've been out here for a little while. it's cold. >> why'd you come so early? >> 'cause we wanted to be seen. >> that's ahead when 60 minutes on cnbc returns. [ticking] she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess wi
as of april, 2012, the united states treasury department was still trying to collect the debt. [ticking] coming up, lining up for a lifeline. >> how long you been out here tonight? >> we got up at 3:00 this morning, and we got here about 4:00. we've been out here for a little while. it's cold. >> why'd you come so early? >> 'cause we wanted to be seen. >> that's ahead when 60 minutes on cnbc returns. [ticking] she keeps you guessing. it's part of what you love...
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Dec 19, 2012
12/12
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as of april, 2012, the united states treasury department was still trying to collect the debt. [ticking] coming up, lining up for a lifeline. >> how long you been out here tonight? >> we got up at 3:00 this morning, and we got here about 4:00. we've been out here for a little while. it's cold. >> why'd you come so early? >> 'cause we wanted to be seen. >> that's ahead when 60 minutes on cnbc returns. [ticking] customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. but i am your rmarket data. i know what you're looking for. i'm not chained to your desk anymore. i'm faster and smarter now. and so much less expensive. i am your market data. and if i do say so myself, i have never looked better. superderivatives introduces dgx. data do
as of april, 2012, the united states treasury department was still trying to collect the debt. [ticking] coming up, lining up for a lifeline. >> how long you been out here tonight? >> we got up at 3:00 this morning, and we got here about 4:00. we've been out here for a little while. it's cold. >> why'd you come so early? >> 'cause we wanted to be seen. >> that's ahead when 60 minutes on cnbc returns. [ticking] customer erin swenson bought from us online today. so,...
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Oct 12, 2012
10/12
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>> rich the catalyst is a comeback in housing in the united states regardless of what happens in china. >> sell it! >> at this point, right? >> if we're talking copper for the last couple of years we've been following this, the nail, the catalyst was china. it wasn't the housing here in the states. >> because we hadn't had a recovery yet. >> we saw the u.s. housing pick up -- >> i don't think we have the recovery yet. i think this is a small blip and there's probably a little bit more downside after the first of the year. that's how i'm playing the market. >> we'll be watching anthony's trade and watching china. now you know how our guys are making money in the commodity pits. how are you playing the housing recovery, banks, homebuilders or copper? log on could futuresnow.cnbc.com and logon tuesday where we have our live streaming show 1:00 p.m. eastern live on futuresnow.cnbc.com. >> thank you so much, jackie, thank you to jackie and the "futures now" crew. >>> the biggest ipo to hit the market since facebook rockets out of the the go but is workday a buy or buyer beware? lots more "h
>> rich the catalyst is a comeback in housing in the united states regardless of what happens in china. >> sell it! >> at this point, right? >> if we're talking copper for the last couple of years we've been following this, the nail, the catalyst was china. it wasn't the housing here in the states. >> because we hadn't had a recovery yet. >> we saw the u.s. housing pick up -- >> i don't think we have the recovery yet. i think this is a small blip and...
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Nov 13, 2012
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people have a problem with the way civil liberties are protected here in the united states, they should move to places like pakistan and china where there's zero expectation of rule of law protecting personal information. >> is that the only choice i have? move to pakistan? >> yeah, i hope you have a higher bar than that. >> i think there is -- people have to recognize that the government makes mistakes. there's no question about it. the government is going through protocols to get information for counterterrorism, criminal activities. >> are you saying this was a mistake to begin this investigation the way it began? >> no, i think that we get involved as a private sector solution when people feel threatened. there's a physical threat. there is a financial threat of some kind. so we don't have the subpoena power as a private security firm. what we have to do is be a lot more creative. we have to look at the social media footprint of the person, all the information they're leaving out there. we can trace ip addresses. you don't need subpoenas to do that. there are ways to conduct a paral
people have a problem with the way civil liberties are protected here in the united states, they should move to places like pakistan and china where there's zero expectation of rule of law protecting personal information. >> is that the only choice i have? move to pakistan? >> yeah, i hope you have a higher bar than that. >> i think there is -- people have to recognize that the government makes mistakes. there's no question about it. the government is going through protocols...
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Aug 29, 2012
08/12
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you see, we are the united states of america. now, now, now, it's up to us. we must lead the way our citizens live. to lead as my mother insisted i live. not by avoiding truths. especially the hard ones, but by facing up to them and being b better for it. we can't afford to do anything less. now, i know this because this was the challenge in new jersey. when i came into office, i could continue on the same path that led to wealth and jobs and people leaving our state. or i could do the job people elected me to do. do the big things. now, there were those who said it couldn't be done, but the problems were too big, too politically charged and too broken to fix. but we were on the path we could no long er afford to follow. now, they said it was impossible. this is what they told me. to cut taxes in the state where taxes were raised 115 times in the eight years before i became governor. that it was impossible to balance a budget at the same time with an $11 billion deficit, but three years later, we have three balanced budgets in a row with lower taxes, we did i
you see, we are the united states of america. now, now, now, it's up to us. we must lead the way our citizens live. to lead as my mother insisted i live. not by avoiding truths. especially the hard ones, but by facing up to them and being b better for it. we can't afford to do anything less. now, i know this because this was the challenge in new jersey. when i came into office, i could continue on the same path that led to wealth and jobs and people leaving our state. or i could do the job...
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Apr 3, 2012
04/12
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states. over the coming years, projects like these could create more than half a million jobs in the us alone. from the canadian border, through the mid west, to the gulf coast. benefiting hundreds of thousands of families throughout the country. this is just what our economy needs right now. tdd# 1-800-345-2550 we're hitting new highs. tdd# 1-800-345-2550 the spx is on my radar. tdd# 1-800-345-2550 and i'm on top of it all with charles schwab. tdd# 1-800-345-2550 tdd# 1-800-345-2550 i use streetsmart edge and its tools like... tdd# 1-800-345-2550 screener plus. tdd# 1-800-345-2550 i can custom build my own screens tdd# 1-800-345-2550 or use predefined ones to help me find tdd# 1-800-345-2550 possible trading opportunities quickly. tdd# 1-800-345-2550 i can also bounce my ideas off their trading specialists - tdd# 1-800-345-2550 on the phone or face-to-face. tdd# 1-800-345-2550 and i can trade wherever i want, whenever i want. tdd# 1-800-345-2550 tdd# 1-800-345-2550 the kicker? tdd# 1-800-345
states. over the coming years, projects like these could create more than half a million jobs in the us alone. from the canadian border, through the mid west, to the gulf coast. benefiting hundreds of thousands of families throughout the country. this is just what our economy needs right now. tdd# 1-800-345-2550 we're hitting new highs. tdd# 1-800-345-2550 the spx is on my radar. tdd# 1-800-345-2550 and i'm on top of it all with charles schwab. tdd# 1-800-345-2550 tdd# 1-800-345-2550 i use...
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Oct 5, 2012
10/12
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. >> in california mostly but throughout the united states if >> it is. four year low across the board but california is the most vulnerable. >> you had say you don't think it will last long how long >> two to four weeks. >> what do you make of the selloff in crude. i think of romney doing well in debate. right. talk about regime change in iran potentially because of the protests. >> that's the big one. >> that's the big one. elections in venezuela this weekend which may be -- >> that could be next week's -- >> next week's big one. three situation wrgs you could see a lot more supply coming on the market no, >> on the crude side we're amply supplied and we're there right now and probably gets bigger next year. there's a lot more coming out of iraq. so, we've had a big insecurity premium in the price of oil for most of this contemporary. $15 to $20. that gets eroded over the next three to four months. >> crude at 89 bucks in november. >> we test into the 80s, low 80s and 70s before it's over. >> how long will that take? >> within the next three to six mont
. >> in california mostly but throughout the united states if >> it is. four year low across the board but california is the most vulnerable. >> you had say you don't think it will last long how long >> two to four weeks. >> what do you make of the selloff in crude. i think of romney doing well in debate. right. talk about regime change in iran potentially because of the protests. >> that's the big one. >> that's the big one. elections in venezuela this...
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Feb 13, 2012
02/12
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the largest retailer of pet food and pet supplies in the united states more stores in the united states and canada. they are, dare i say it? best of breed with 14% to 15% share of the over $40 billion pet industry, but petsmart's more than just a place where you buy a leash for your dog or food for your cat or guinea pig or a small pet for your kid. they're not just a retailer. petsmart figured out a formula that will fend off on-line co competition. they're like the whole foods of pet stores. what makes petsmart different? >> this country realized that the obsession with foods is going well beyond humans. they also want their pets to have an organic diet, too, which is why pet ois mart has had enormous success selling super premium food. it's margins that are three types the size of ordinary pet food. so each sale is much more profitable. they've been very savvy about bringing themselves as a higher end pet store. it was only 10% of the product petsmart carries or even available in the mass channel. in other words, this company's selling lots of exclusive and proprietary products. they
the largest retailer of pet food and pet supplies in the united states more stores in the united states and canada. they are, dare i say it? best of breed with 14% to 15% share of the over $40 billion pet industry, but petsmart's more than just a place where you buy a leash for your dog or food for your cat or guinea pig or a small pet for your kid. they're not just a retailer. petsmart figured out a formula that will fend off on-line co competition. they're like the whole foods of pet stores....
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Nov 13, 2012
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not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think premium is probably justifiable. you look at wti at $23 discount to where breptd is. that's not sustainable in the long time, but given inventory levels, that will stay. >> do you keep your trade on oil? >> we have neutral position, but we're short the front month. respe respect. we make money by rolling the contracts the other way around. we're long oil in the 12 months forward rolling in to the 13th month and we end up with little more oil with that strategy. so more of a curve play. >> all right. patrick, you're with us for the first half hour. also we'll be out to new york for a check of the retail sector in the wake of super storm sandy. some department stores are getting ready to report third quarter numbers. >> we're also live in italy ahead of the three biggest banks reporting earnings. >> a
not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think premium is probably justifiable. you look at wti at $23 discount to where breptd is. that's not sustainable in the long time, but given inventory levels, that will stay. >> do you keep your trade on oil? >> we have neutral position, but we're short...
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Nov 12, 2012
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a downgrade, of course, would make it more expensive for the united states to borrow money. >>> superstorm sandy could provide an economic boost to the auto industry. as many as 250,000 new and used cars may have been ruined by sandy. a loss that could eventually lead to a spike in auto sales. >>> overall consumer borrowing expanded in the month of september, but at a slower pace than the previous month. a sign buyers may be pulling back on their credit card purchases. this is an important data point, because consumers and consumer spending make up more than two-thirds of the u.s. economy. >>> what will a second term for president obama mean to the economy? will we see compromise? or will we fall over the fiscal cliff? joining me now, two former top presidential advisers. laura tiesson, chair of economic advisers for clinton and marty feld stein under president reagan. thanks so much for spending the time today. >> thank you. >> good to be with you. >> so marty, both sides appear to be extending an olive branch when it comes to this fiscal cliff. do you think we will actually reach a compr
a downgrade, of course, would make it more expensive for the united states to borrow money. >>> superstorm sandy could provide an economic boost to the auto industry. as many as 250,000 new and used cars may have been ruined by sandy. a loss that could eventually lead to a spike in auto sales. >>> overall consumer borrowing expanded in the month of september, but at a slower pace than the previous month. a sign buyers may be pulling back on their credit card purchases. this is...
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Nov 6, 2012
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the entire united states of america laid out. as the states are called they are going to fill in the states with red or blue lights. that is a live shot looking down on it. you are going to hear it here first. we are going to fill the map in. it could be a crazy night here tonight. could go long as the polls come in but we will be here and on the ice. you never know. there could be skating. anything for "squawk box" evening edition. >> we will be watching. >> he is like 6'5". do not put like a goalie mask on and start walking around. you will cause panic. >> chainsaw ready. >> are you making jokes. >> that was "friday the 13th." >> throughout the night nbc will be tracking how voters made the decisions. michelle caruso-cabrera will be breaking down the exit poll data. is it an art or science? >> it's an art. >> the study of economics you mean? >> you really can't really ask who you vote for. why are you voting? >> we will have all kinds of data about what was the primary reason you voted today because of the economy or important
the entire united states of america laid out. as the states are called they are going to fill in the states with red or blue lights. that is a live shot looking down on it. you are going to hear it here first. we are going to fill the map in. it could be a crazy night here tonight. could go long as the polls come in but we will be here and on the ice. you never know. there could be skating. anything for "squawk box" evening edition. >> we will be watching. >> he is like...
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Aug 31, 2012
08/12
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in the united states we're doing much better than europe. europe is going through what we did four years ago. it is a situation where the qe3, the unintended consequences i think would be disastrous. even though the market would like it, it is almost like five years ago when everybody w was enthugsd about housing and the monthly mortgage and didn't care about the value of the house. i think with he have run into that problem. >> to your point, i would argue draghi has a different mission. he is trying to keep his currency from going away and maybe you have to be more subtle than they're being in europe. >> i think they have done what they can and outreaching is too much. i think if problems in europe continue and you don't see progress, then you might see something more substantial, but otherwise i think it is a situation where that's all you're going to see. >> hank, how important is the jobs' report next week? >> i think it is every jobs 'report is very important. i would add to simon's point that what it provides is certainty. we have mon
in the united states we're doing much better than europe. europe is going through what we did four years ago. it is a situation where the qe3, the unintended consequences i think would be disastrous. even though the market would like it, it is almost like five years ago when everybody w was enthugsd about housing and the monthly mortgage and didn't care about the value of the house. i think with he have run into that problem. >> to your point, i would argue draghi has a different mission....
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Sep 18, 2012
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look, i would like to see mitt romney president of the united states. i would also like to see mitt romney reach out to these people these 47% that he's been talking about. whom he disparaged in these remarks and make it plain that these policies are in their benefit. that by creating more incentives. by moving the country away from it's dependdency -- >> wait, we are going to come back. give everybody an opportunity. reach out for everybody. what is your take? >> you call this a dirty trick. using somebody else's own words is a dirty trick. >> they have had it since last may. that is the thing. and now the other side by the way is going to use another dirty trick because they have this type of obama saying i'm a redistributionist. >> those are his own words. he said it. don't deknny it. if robert costa is right. that means he hasn't had a good week since may. >> he may be in trouble but polls have romney neck in neck, a deed even race with obama. what is your take? >> my take is on the video, this was a chance to refocus the campaign on the right issue
look, i would like to see mitt romney president of the united states. i would also like to see mitt romney reach out to these people these 47% that he's been talking about. whom he disparaged in these remarks and make it plain that these policies are in their benefit. that by creating more incentives. by moving the country away from it's dependdency -- >> wait, we are going to come back. give everybody an opportunity. reach out for everybody. what is your take? >> you call this a...
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Oct 26, 2012
10/12
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and his sole and single focus on creating jobs in the united states in the set of policies will lead to significantly higher gtp growth than over the last four years. i think there's a consequence as to who wins the election as opposed to the fact there will be quote/unquote certainty. >> if you think president obama wins re-election, we sort of muddle along and not headed towards growth then? >> again, i think if you look at what's happened over the course of the last four years, but particularly the last 18 months, we've seen significant desell race in growth. i think that has much to do with the set of policies that been problematic in terms of job growth in this country and also fundamental growth of overall gdp. >> can governor romney win then do you think? it's an incredibly tight race. >> you tell me. i think people have seen the real mitt romney, the individual who has had an incredible track record of success, solving complex problems both in the private sector at bain years ago but also in the public sock tore in terms of saving the salt lake city olympics and governor of t
and his sole and single focus on creating jobs in the united states in the set of policies will lead to significantly higher gtp growth than over the last four years. i think there's a consequence as to who wins the election as opposed to the fact there will be quote/unquote certainty. >> if you think president obama wins re-election, we sort of muddle along and not headed towards growth then? >> again, i think if you look at what's happened over the course of the last four years,...
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Dec 26, 2012
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you have bad weather coming to the northeastern part of the united states today, maybe later on in the week. you have a disproportionate number of sales coming from this end of the country. if you're looking for a push, you may not get it. >> 24% is actual spending that comes from the mid-atlantic and northeast. that will be impacted. i also think you have to look from an allocation standpoint and say the retail names that this year have seen strong performance, let's look at gap, for instance, how is gap doing today? gap is down significantly on the other side of that you have jcpenney which is not experiencing such a decline today but yet has been down significantly this year. so i think it's a matter of really selling those outperforming type of retail names and on the other side of it now, beginning to slowly allocate to some of the names that really have had a horrible year in the retail space. >> give me your best pick retail. gap up 70%, tjx. the worries that we may see, give me your pick? >> i would go tjx, nike and home improvement retail. i don't like the names that are being
you have bad weather coming to the northeastern part of the united states today, maybe later on in the week. you have a disproportionate number of sales coming from this end of the country. if you're looking for a push, you may not get it. >> 24% is actual spending that comes from the mid-atlantic and northeast. that will be impacted. i also think you have to look from an allocation standpoint and say the retail names that this year have seen strong performance, let's look at gap, for...
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Dec 28, 2012
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. >> let's say your focus is more on the united states right? if you're buying stocks, you believe your thesis that we're going to get to 1550 at a minimum consumer discretionary is tops on your list the second best performing sector this year behind financials. you think that continues to work why? >> we've seen profit taking on the cliff but by the same token this is an area that has the most to gain if we get a cliff deal and that is our base case. we also like industrials. there we don't think the china recovery and the better tone in europe are fully priced. industrials traded at market multiple. we think when it is a risk on pro cyclical environment you should see industrials trade at a bit of a premium to the market. >> why wouldn't you say financials? where are financials on your list? that would be a sector i would look at. >> i'll be honest with you. we missed that one. the financials has been a good a way to play this whole dynamic as anything. we don't always bat a thousand. >> forget this year. you missed it. do you get on next year
. >> let's say your focus is more on the united states right? if you're buying stocks, you believe your thesis that we're going to get to 1550 at a minimum consumer discretionary is tops on your list the second best performing sector this year behind financials. you think that continues to work why? >> we've seen profit taking on the cliff but by the same token this is an area that has the most to gain if we get a cliff deal and that is our base case. we also like industrials. there...